Phillips Property Group - The Brokery
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$371,723$350,910
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.400%
Blended rate8.120%7.640%
1st payment$2,691.41$2,429.63
2nd payment$0.00$0.00
Taxes / mo$30.42$30.42
Insurance / mo$150.00$150.00
MI / mo$175.22$70.18
HOA / mo$69.00$69.00
Total monthly$3,116.05$2,749.23
Cash to close$18,177$38,990